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Canada: CPI rose 1.1% YoY in August

FXstreet.com (Edinburgh) -Canadian consumer prices rose 0.8% on a year to August, matching expectations and down from July’s 1.3% advance. On a monthly basis, consumer prices came in flat, missing estimates at 0.1%. The Bank of Canada Core CPI rose 1.3% over the last twelve months and 0.2% inter-month, banging on expectations.

EUR/CHF congested ahead of German elections

The EUR/CHF is trading at a very tight range, ahead of the key weekend event news i.e. German elections.
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USD/JPY hits 1-week high

The USD/JPY pushed higher at the beginning of the American session and printed a fresh 1-week high amid speculations of a possible Fed taper in October and Bullard’s comments that tapering was a borderline call this month.
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